Comstock Metals Ltd. · TSXV:CSL.H
Comstock Metals — Investor Presentation (November 2011)
27 slides from Comstock Metals's investor presentation, November 2011
Slide 1: Corporate Presentation
Corporate Presentation TSX-V : CSL November 2011
Slide 2: Management
Management Rasool Mohammad, B.Sc. (Mining Engineering), President & CEO Mr. Mohammad received a B.Sc. (Mining Engineering) from the NWFP University of Engineering and Technology, in Peshawar, Pakistan in 1991. He has over 15 years experience in the mining and mineral exploration industry. Mr. Mohamm
Slide 3: Share Structure – November 2011
Share Structure – November 2011 Total Number of Shares 43,773,819 Insiders 7,406,000 (17%) $0.20 Financing 8,750,000 Fully Diluted 43,773,819 3 TSX-V : CSL
Slide 4: Why Mexico
Why Mexico • In 1990, foreign capital was finally allowed to participate in 100% ownership of mining properties once incorporated within a Mexican corporation. • Mexico raises forecast for direct investment 11% to $20 billion for 2011 Mexico becoming the largest producer. Mexico’s attractiveness for
Slide 5: Why Mexico
Why Mexico Top 10 Silver Producing Countries in 2010 (millions of ounces) • During the years 2010-2012 the mining industry is expected to invest US$13.8 billion in the country, which combined with previous investment dating back to 2007, the mining industry will have invested US$21.75 billion by the
Slide 6: Sierra Madre – Major Deposits
CORONA GOLD SILVER PROJECT Sierra Madre – Major Deposits 6 TSX-V : CSL
Slide 7: Mining Companies Activities in the Area
CORONA GOLD SILVER PROJECT Mining Companies Activities in the Area • Agnico Eagle’s Pinos Altos Mines to the north is in production • Fresnilllo PLC Orisyvo deposit (9.2M oz Au) is about 20 km away. Pre Feasibility study is in progress to be completed by 2012. • Fresnillo is building a development r
Slide 8: Regional Access
CORONA GOLD SILVER PROJECT Regional Access • The Corona Project is 240 km southwest of the city of Chihuahua • The last 25 km from Gossogachi is a well maintained dirt road, accessible by 2-wheel drive vehicle in the dry season, a four- wheel drive truck is essential during the wet season. • In summ
Slide 9: Low Sulfidation Model
CORONA GOLD SILVER PROJECT Low Sulfidation Model 9 TSX-V : CSL
Slide 10: Targets and Zones
CORONA GOLD SILVER PROJECT Targets and Zones • 6,500m of Reverse Circulation Drilling Completed in 2002-03. • Northeast Zone –Bulk Tonnage gold-silver target with high-grade vein centres. • Esperanza Zone is a similar target as of Santa Nino Vein, Fresnillo where 1st dh @ 300m depth drilled • 1.6 g/
Slide 11: North East Zone–Bulk Tonnage gold-silver target with high-grade vein centres
CORONA GOLD SILVER PROJECT North East Zone–Bulk Tonnage gold-silver target with high-grade vein centres 11 TSX-V : CSL
Slide 12: Esperanza Target
CORONA GOLD SILVER PROJECT Esperanza Target 12 TSX-V : CSL
Slide 13: Bulk Tonnage Potential
CORONA GOLD SILVER PROJECT Bulk Tonnage Potential 13 TSX-V : CSL
Slide 14: Why Yukon?
Why Yukon? • Ranked 15th best place in the world for mining exploration and development by the Fraser Institute (out of 72 jurisdictions) • $300M will be spent on exploration during 2011 • Decision about mining are made by the Yukon Territorial Government not Federal Government • Eleven of fourteen
Slide 15: Yukon White Gold District- Shawn Ryan Option
WHITE GOLD PROJECT Yukon White Gold District- Shawn Ryan Option 15 TSX-V : CSL
Slide 16: Magnetic Anomaly
WHITE GOLD PROJECT Magnetic Anomaly The discovery known as “Golden Saddle” Mag anomaly extends from the “Golden hosts an Inferred Resource of 1.5M ounces Saddle” deposit onto Comstock QV claims of gold 16 TSX-V : CSL
Slide 17: Soil Sample Process
Soil Sample Process “Yukon has a low percentage of rock outcrops, so we went mostly for soil samples. The big secret in Yukon turned out to be that you have to go 2 ½ feet down to take your samples. We tried it because we figured the soil might have percolated down. It worked. The results got better
Slide 18: Soil sample process
White Gold North-QV claims Soil sample process Sampler Collecting Soil Sample on Comstock Claims-2011 Hand Auger used to Collect Soil Sample 18 TSX-V : CSL
Slide 19: Soil sample process
Soil sample process 19 TSX-V : CSL
Slide 20: Soil Gold Assays
WHITE GOLD PROJECT Soil Gold Assays 20 TSX-V : CSL
Slide 21: Soil Gold Assays
WHITE GOLD PROJECT Soil Gold Assays North-westerly Gold Trend North-easterly Gold Trend 21 TSX-V : CSL
Slide 22: Soil Arsenic Assays
WHITE GOLD PROJECT Soil Arsenic Assays 22 TSX-V : CSL
Slide 23: Soil Mercury Assays
WHITE GOLD PROJECT Soil Mercury Assays 23 TSX-V : CSL
Slide 24: Soil Barium Assays
WHITE GOLD PROJECT Soil Barium Assays 24 TSX-V : CSL
Slide 25: Location
WALKIRIA PROJECT Location 8.5 8.5 milllion milllion tonnes tonnes @@ 55g/t 55g/t Ag, Ag, 0.6% 0.6% Pb,Pb, 8.5% 8.5% Zn Zn ($ ($ 187/tonne) 187/tonne) Average Average Grade Grade 20 20 g/t g/t Ag, Ag, 4.7% 4.7% Pb, Pb, 23.8% 23.8% Zn Zn ($531/tonne) ($531/tonne) Plomosas 2.5 2.5 milllion milllion ton
Slide 26: Comstock Highlights
Summary Comstock Highlights – Total Number of Shares 43,773,819 – Insiders hold 7,406,000 shares (17%) – Started Trading on August 12, 2011. – Corona Gold-Silver Project, bulk-tonnage and high-grade gold-silver veins. – Corona Bulk Tonnage Drill results highlights : 24.39m of 1.55 g/t gold – Corona
Slide 27: Corporate Information
Corporate Information 701-675 West Hastings Street Vancouver, British Columbia Canada V6B 1N2 T. 604.639.4533 F 604.685.3764 www.comstock-metals.com Investor Relations info@comstock-metals.com 27 TSX-V : CSL
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